Kuwait Readies $7 Billion Oil Pipeline Deal with Global Investors ...Middle East

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Kuwait Readies $7 Billion Oil Pipeline Deal with Global Investors
State-held Kuwait Petroleum Corporation (KPC) is considering following in the footsteps of its Saudi and Abu Dhabi peers by tapping major international infrastructure investors to buy a stake in its crude oil pipeline network in a deal that could be valued at about $7 billion, sources with knowledge of the plan told Reuters.  The Kuwaiti national oil company has held initial talks with several major investors about the potential transaction. The world’s biggest asset manager BlackRock, as well as Brookfield Asset Management, EIG Partners,…

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